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Updated about 8 years ago on . Most recent reply
Empty Seller disclosure
Hi,
I am new to bigger pocket and new home buyer.
I live in Pittsburgh, PA. There is a house I want to buy. The wife is the recorded title owner. She passed away. So the husband is the administrator of the Estate. According to the seller's attorney, The husband has no legal standing to complete the seller disclosure. So, all fields are left unknown on seller disclosure. The husband did live in that house for decades. I assume he does has some knowledge of that property.
I could hire a home inspector to inspect the house. I wonder what are the risks to accept an empty seller disclosure? What should I do to lower the risk for getting a problematic property? Should I even consider this house?
Thank you in advance!
Cheng
Most Popular Reply
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Estates and REOs are never going to disclose. Heck not even every state requires a homeowner to disclose. Even when there are disclosures, it is not really prudent to trust them. Really the risk is exactly the same as any other purchase since you shouldnt trust the disclosures
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